Northwest 6.1%.
US Airways 3.8%.
Continental 3.7%.
Delta 3.1%.
United 2.5%.
American 1.9%.
Excluding reorganization, unusual items and some fuel-hedge positions.Source: Northwest Airlines
More bad financial news: there were no venture capital-backed IPOs in the second quarter, the worst quarterly performance since 1978, according to a recent report by PricewaterhouseCoopers. “There is little indication that the market will recover anytime before the second quarter in 2009,” said Tracy Lefteroff, global managing partner of the Venture Capital and Private Equity [...]
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